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took credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to business man that caused them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but the policies were pointing in a different direction austerity we now know hits the poor significantly harder than it is the rich presumably that means that during this recession the gap between the rich in the poor will why didn't even fire yeah that's that's already happening a real real incomes have been going down because prices have been going up a bit and of course welfare benefits are being slashed. a lot of a lot there are lots of cuts in the public services and the rich are better able to insulate themselves against some of these effects for example house prices in london haven't gone down at
took credible plan of deficit reduction everything else would perk up there'd be so much confidence that the economy would start growing again but that was wrong because it's real factors not just psychological factors psychological factors are very important but it's the real factors the real market that is available to business man that caused them to want to increase. their business and the government was shrinking the market by its policy so it could talk up the economy all it wanted but...
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>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >> there are a number of things that i like in health care reform. one is to make sure that those with pre-existing conditions can get coverage. two is to assure that the marketplace allows for individuals to have policies that cover their family up to whatever age they might like. >> jon: so you're repealing obamacare but you're keeping the good parts of health care, social security, and medicare for current seniors and you're going to keep the employment and you're going to cut taxes by 20% and build more submarines and destroyers that the pentagon doesn't want and tackle our immoral debt and de
>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >>...
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me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still have a trillions of dollars hole, and he hasn't named the deductions he would close. this is a shell game, john. whichever shell you pick up, the middle class loses. the economy will lose, and i think that this is going to catch up with him. >> schieffer: what did the president think of his performance? >> i think the president understands-- you know, the president is his harshest critic, and without getting into detail, i think you can assume he has reviewed the tape and it will inform how he handles these subsequent debates. >> schieffer: do you think he was ill prepared. some are saying it was the people who prepared him.
me has to sock it to the middle class or explode the deficit. > deficit. >> reporter: what you're saying it it is unrealistic-- >> i'm saying it's impossible, not unrealistic. >> when president obama said in 2008 i'm going to cut the deficit in half, i'm going to close guilt me, people-- gitmo, people said-- did not sigh he was not telling the truth. >> closing gitmo involved congress and he couldn't get them to do that. the math, people over $200,000, and you still...
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when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times of fiscal economic crisis are put aside. it is ideological and i think the term "common-sense" is a terrific one to achieve and try to revive that one as you talk to c-span and agitate your committee. host: let's go back to the bus. john, what is your question? >> how is mitt romney going to be able to win independent voters after he alienated them in the primary? guest: i think that debate over night, which you watched as a student of political science and journalism -- he pivoted to some of the positions that he explicitly set aside during the primaries, where he became truly one of the most --
when people talk about the deficit -- it is not the deficit or debt but joblessness which is the great crisis of our times. the deficit and debt did not arrive from some inaccurate conception. two unfunded wars, medicare part d. let them speak to that. mitt romney has it fantastical approach to arithmetic. at the bottom of it, there is a commitment and an ideology to insuring that the top 1% make out real well. those most vulnerable at the bottom of the society who need a helping hand in times...
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and turn this deficit and trade around. that is the sort of thing that michael dukakis and i will do to bring about a better america for older people. >> senator quayle, a minute to respond. >> senator bentsen did not tell you very much about what gov. dukakis will do. donor do catkins, one of the most liberal governors in america. he has raised taxes five times. he just raised taxes last year. that is why i love people refer to him as tax hike mike. that is why they refer to the state of massachusetts as tax achussetts. i don't blame senator bentsen for not talking about michael dukakis. his talking more about his record. i had to blame the federal policies of -- the liberal policies of michael dukakis, i wouldn't do that either. >> you have the to protect the social security trust fund. but you must know that there's something to the argument of your fellow democrat bob strauss that some strain on security growth is needed or to tax social secure benefits as regular income. you spoke for a six-month delay on cost of milk
and turn this deficit and trade around. that is the sort of thing that michael dukakis and i will do to bring about a better america for older people. >> senator quayle, a minute to respond. >> senator bentsen did not tell you very much about what gov. dukakis will do. donor do catkins, one of the most liberal governors in america. he has raised taxes five times. he just raised taxes last year. that is why i love people refer to him as tax hike mike. that is why they refer to the...
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the new that he was driving our deficit. -- who knew that he was driving our deficit? a new obama campaign at mitt romney campaign week.ent last we have one out of six in poverty, 47 on food stamps, and the s timeent is spending hi saving big bird. i will spend my time talking jobs.saving but the latest polls show both neck-and-neck. you can watch the debate right thursday at 9:00 on abc 7. during that debate, we invite onto wjla.com and you us your instant reaction. >> of former cancer patient is out raged while trying to take a trip to paradise. hear what she said she was do at the airport. i'm barack obama, and i approve this message. "i'm not in favor of a $5 trillion tax cut. that's not my y plan." mitchell: n"the nonpartisan tax policy center concluded that mitt romney's tax plan would cost $4.8 trillion over 10 years." vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trushim here... how
the new that he was driving our deficit. -- who knew that he was driving our deficit? a new obama campaign at mitt romney campaign week.ent last we have one out of six in poverty, 47 on food stamps, and the s timeent is spending hi saving big bird. i will spend my time talking jobs.saving but the latest polls show both neck-and-neck. you can watch the debate right thursday at 9:00 on abc 7. during that debate, we invite onto wjla.com and you us your instant reaction. >> of former cancer...
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i will not put in place a deficit thdea tax that adds to the deficit. my plan is not to put in place any tax cut that will add to the deficit. >> we want to look at the facts here, again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes, but he hasn't said which or how many. so, the verdict here is simply incomplete. we just don't know. >> that was john burrman reporting there for us. one way, though, is that romney has said that he would actually pay for this reduced revenue is by capping itemized deductions, but still so few specifics. i mean, he floated the idea of capping deductions at 17,000 and then floated the idea of capping them at 25,000 or 50,000. don't voters deserve to know and need to know what it is going to be at this point? >> i think he's going to have to give more specifics, certainly. a debate may not be the best platform to give specifics because the answers are supposed to be short and, frankly, randi, he was able to get away with not giving many
i will not put in place a deficit thdea tax that adds to the deficit. my plan is not to put in place any tax cut that will add to the deficit. >> we want to look at the facts here, again. mitt romney has not laid out specifics for how he would pay for his tax cut. he says it's by reducing deductions and closing loopholes, but he hasn't said which or how many. so, the verdict here is simply incomplete. we just don't know. >> that was john burrman reporting there for us. one way,...
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in its deficit reduction programs but it needs to do something else but what they didn't explain is how doing something else can be made consistent with a reduction in government borrowing. you know government produces borrowing and they say must reduce its borrowing then it's hard to know how it's going to do something else because unless the knesset raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway position a more or less there's no alternative to a stereotype but a stair it isn't a growth policy therefore the government should do something else but when it when you actually asked them what should it do they get all vague. i think they should cancel a lot of the. sterrett it policy i think they should cancel the cuts in capital spending particularly and because of that that those schemes were ready to run when the kurdish and took office and they have been put into cold storage they could be this is buildings building schools building building houses hospitals all these projects that we
in its deficit reduction programs but it needs to do something else but what they didn't explain is how doing something else can be made consistent with a reduction in government borrowing. you know government produces borrowing and they say must reduce its borrowing then it's hard to know how it's going to do something else because unless the knesset raises taxes for example that may be an alternative but very few people are advocating that taxes should go up so they're in this sort of halfway...
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he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been ". ." we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> what did you think, jonathan? >> you talk to a lot of folks in the romney campaign and they say joe biden is the gift that keeps on giving. you saw him pause when he said four years. i think he meant to say the last 10 years, and it came out wrong. this is fodder for the obama campaign. it will not change, i do not think, in a huge way, the course of events, buthere is no question the obama campaign folks, every time biden is out there, they are nervous about what he i
he proposes tax deductions in real-estate to reduce the deficits. what this means is, over time, $45 llion ovethe next deca. >> we are running short on time. the dough and paul debate. >> this is a deadly earnest. how they can justify raising taxes on the middle-class, who have been buried the last four years. how, in lord's name, can they justify raising their taxes? >> vice-president biden just today said that the middle-class over the last of we were years has been "....
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax rates was more important than anything else, including getting rid of those deductions to pay for them supposedly. let's watch. >> what's most important to romney, would he scale back on the 20% tax cut for the wealthy? would he scale back and say, okay, we're going to have to raise taxes for the middle class? i guess the question is what's most important to him in his tax reform plan -- >> keeping tax rates down. by lowering tax rates, people keep more of the next dollar they earn. >> that's more important -- >> that's more importa
-- new deficit neutral. no cost to the deficit and cutting $5 trillion mainly for the wealthy. let's watch. >> with regards to that tax cut, look, i'm not looking to cut massive taxes and to reduce the revenues going to the government. my number one principle is there will be no tax cut that adds to the deficit. i want to underline that. no tax cut that adds to the deficit. >> paul ryan just days before the debate last week directly contradicted romney. ryan said lowering the tax...
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enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the journal editorial report. i'm paul gigot. a big night in denver on wednesday, as president barack obama, and mitt romney met for the first presidential debate and the candidates sparred as you heard over taxes and the deficit as well as health care. wall street reform and the role of government. with mitt romney taking some sharp shots at the president's record these past four years. >> we're seeing right now is, in my view, a trickle down government approach which has government thinking it can do a better job than free people pursuing their dreams and that's not working the. proof of that is 23 million people out of
enough deductions and loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class. it's math, it's arithmetic. >> get the rates down, lower deductions and exemptions to create more jobs because there's nothing better for getting us to a balanced budget to have more people working, earning more money and paying taxes and that's by far the most effective and efficient way to get this budget balanced. >> paul: welcome to the...
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and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a huge difference in the outcome of this election if romney wins if the republicans win the white house they will also probably keep the majority in the house and wins a majority in the senate and if the republicans control all the important political positions the white house the senate and see house then you will see a huge difference america has a huge dept more than sixteen billion dollars that is more than one hundred percent of g.d.p. and the next four years will be about who pays for that and i can tell you it will be a huge difference was obama controls the white house or mitt romney controls the wh
and we're in yemen and all these places and this is at a staggering cost which is causing the budget deficit we have a national security budget without one going to rouge trillion dollars. taking over the entire program and mentioning everything i want to mention so let me go to christopher's so everything's constructed consensus is already constructed before people vote this is essentially what bruce is saying. i totally disagree with bruce and with nicholas i think there's a huge choice a...
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and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been doctors, lawyers, indian ch
and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get...
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so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts over the past week to put that number in perspective. here's some more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that $450 million is about what the pentagon spends every six hours. >> six hours. to be clear, mr. romney and mr. ryan's idea for the deficit to save the country from fiscal disaster and pay for the stuff they want to do that's really expensive, their plan is to eliminate six hour's worth of defense spending. one-fourth of one day's worth of defense spending. at the same time, to make overall defense spending go like this. because, you know, they are the numbers guys. math. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doct
so mitt romney will cut the deficit by doing something that will add to the deficit. the other thing he brought up, pbs. the only specific that mitt romney gave in terms of how he will cut the deficit. the only detail he provided was that he would eliminate 1/100th of 1% of the budget. there have been lots of attempts over the past week to put that number in perspective. here's some more. >> the federal share of the corporation for public broadcasting is about $450 million this year. that...
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that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to break a hand gentlemen. well the fact is we don't know what obama would do a second term in the first term is very constrained to a large extent by getting elected in a second term and the other one people overlook is they see obama as a standard mainstream american that they grew up in hawaii in a very different culture we don't know what barack obama really expects that is quite possible that he's a populist on the scale ok gentlemen we have to go to a short break and after that show break we'll continue our discussion on the us political system state. and. secret laboratory. to build the world's most sophisticated robots which unfortunately doesn't do anything. to teach the creation why it should care about humans and. this is why you
that is a big problem but when you come to the question what are they willing to do to cut the deficit then for the republicans it's even worse they want to slash taxes for the rich and obama and the democrats want to raise taxes for the people who can really afford to pay a little bit more ok because of your last word before we go and before we go to break a hand gentlemen. well the fact is we don't know what obama would do a second term in the first term is very constrained to a large extent...
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one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers. however, what romney was saying is that if you take that much from providers, some of them are going to stop taking medicare parents. the trick for him is that paul ryan, his running mate, also assumed the same $716 billion. gwen: and i believe romney's answer to that was i'm the candidate. >> i'm the boss. we're going to put that money back into medicare. gwen: going into these debates we were all probably guilty of setting the expectations bar and it was pretty high for president obama. i think the polls before showed him like 51% thought he was going to win. win.thought romney was
one is deficit reduction, one is tax cuts. cuts ie w we'll do deficit reduction. gwen: there's anoth numbe $716 million to deal with medicare but it's coming from different places and going to different places and trefore th fin - of de u in a draw. >> for the president's health care plan, in order to fund it they assumed savings over 10 years of $716 billion for medicare. mitt romney called that a cut in medicare as if it was a cut in beneficiaries. it's meant to come from providers....
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there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and countries that should increase their consumption for example germany well they don't want to do that because they feeling pleasure they're not even a part of a union they are behaving as a single separate country this is the problem we have got to and of course looking to the future generation new data from greece now shows that more than fifty four percent of young people are out of a job spain is not far behind are these countries losing a lost generation or you know what they just pick up sticks and go elsewhere. well of course and in fact many people eager spain are learning german it's become the saf
there is a constant deficit of what is known as the democratic deficit which is not the deficit we have we have economic deficits but we have these democratic deficit we felt that we can't behave as a union and we found to be caving messy union we can't solve the problems we have for example these debt problem these very large problem could be solved i wouldn't say easily but at least. one thing we could do could be for example to divide the countries that are cutting their budgets and...
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office, the deficit has dropped slightly. about 8%. if you use the fiscal year 2009, after months after he took office, it down by 25%. so there. >>> so there are countless reasons to spend time in san francisco this weekend and one of them is america's cup. nbc bay area's lawrence scott has a look. >> thank you so much. it was a tremendous day of racing. full of spills and chills and an action packed day. there is one champion crowned and another right on the doorstep. it was an absolutely wild day of racing on the america's cup series. oracle day spithill first punching its way to the finals. and then they find themselves upside down and out of action. but spithill and crew would right the ship and rejoin the group of 11 in the second fleet race with a chance to get back on track before the twilight match race final. the troubles continued for the team usa. they were forced to deal with the malfunction. all the while, ben ainslie, the most decorated sailor in america history, continues his way. but in the grand finale, the
office, the deficit has dropped slightly. about 8%. if you use the fiscal year 2009, after months after he took office, it down by 25%. so there. >>> so there are countless reasons to spend time in san francisco this weekend and one of them is america's cup. nbc bay area's lawrence scott has a look. >> thank you so much. it was a tremendous day of racing. full of spills and chills and an action packed day. there is one champion crowned and another right on the doorstep. it was an...
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. >> the president said we cut the deficit in half. unfortunately he doubled it. >> jon: 1.2 trillion when he took office t is 1.1 trillion now. mr. president are you just going throat him roll you. >> mr. president, two minutes. >> when i walked in the oval office i had more than a trillion dollar deficit greeting me. and we know where it came from. yes, when to take some initial emergency measures to make sure we didn't slip into a great depression. let's make sure we are cutting out those things that are not helping us grow. 18 programs are-- medical fraud in medicare, cut a trillion dollars out of our discretionary domestic budget. the specifically specific $4 trillion deficit reduction plan t is on the web site. you can look at all the numbers. let me just finish this point because are you looking for contrast. >> way over two minutes. >> sorry (laughter) >> jon: you went over your time? and you somehow managed in all that overtime to not turn and look your opponent in the lie and just mention what he said was untrue? not even a q
. >> the president said we cut the deficit in half. unfortunately he doubled it. >> jon: 1.2 trillion when he took office t is 1.1 trillion now. mr. president are you just going throat him roll you. >> mr. president, two minutes. >> when i walked in the oval office i had more than a trillion dollar deficit greeting me. and we know where it came from. yes, when to take some initial emergency measures to make sure we didn't slip into a great depression. let's make sure we...
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deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by not reducing spending. what he describes is a very dim view of the american economy. my plan will cut taxes for the middle class and put them back to work. they will have money in their pockets. they will pay more + taxes. it is growth in the economy. my plan is a pro-growth plan. we make our businesses competitive. we allow our job traders to continue to create jobs. our economy will grow. we have deficit reduction. we put people back to work. when people have money in their pocket, they buy more goods and services. when they buy more goo
deficit-reduction has to be balanced. there's no way to do this without spending cuts and some additional revenue. linda mcmahon signed this pledge to grover norquist saying that she would never vote for any revenue increases into the federal government. we do not need to send someone to washington who will be part of the obstruction. we need to bring people together and recognize you have to be serious about spending cuts. the approach has to be balanced. >> we cannot close the dead by...
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supervisor chu: we know that our budget deficit is a significant one. at the moment, blooms are around $380 million -- at the moment, it looms around $380 million. we could not meet that gap. i think the city needs to take a balanced approach, and if you take a look at previous years, we have taken a look at things like where are fee revenues, what do those look like? where are the changes in other revenue pictures, whether it is transfer tax or hotel tax or other things that help to improve the picture. in addition to that, how is it that we can really control some of our expenses? i think that in order to address the $380 million budget deficit, we really have to take a look at both sides, revenue side as well as the cost side of things, and i think there are certain things that the city can do right now that might that not impact this year's budget or -- that might not impact this year's budget for next year's budget but will have a long-term effect. i mean pension reform and some of the ways we calculate those liabilities. those will be important to
supervisor chu: we know that our budget deficit is a significant one. at the moment, blooms are around $380 million -- at the moment, it looms around $380 million. we could not meet that gap. i think the city needs to take a balanced approach, and if you take a look at previous years, we have taken a look at things like where are fee revenues, what do those look like? where are the changes in other revenue pictures, whether it is transfer tax or hotel tax or other things that help to improve...
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Oct 12, 2012
10/12
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CNBC
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he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years, you shouldn't be evaluated on your plans. you should be evaluated on your performance, it's at best, d-minus and our jobs situation are running trillion dollar deficits and america's dollar and the stock price, if you will, is at an all-time low and that's not a good record. >> excuse me, our stock price is up tremendously since barack obama took office. wall street's done really well. the reason is corporate profits. >> our currency. >> our economy is recovering and the people know it. >> thank you very much. tom stemberg, ceo of staples.
he will continue to attract the deficit. he'll look at the tax reform which i think is very important, if you get any help from the republicans whatsoever which he got none of for the last two years we'll see real tax reforms and the implication of the tax codes and he'll get his jobs bill passed if the congress will cooperate which they haven't done for two years. >> tom stemberg, your reaction to howard's definition here and your agenda? larry, when you've been in office for four years,...
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Oct 7, 2012
10/12
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we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other day she was a plant and she said to the workers, why are so many of the voting for the reagan-bush ticket? there was a long silence. she said, we delivered. that is the problem. i am not blaming her accept for the liberal voting record and enter the house. they deliver 21 and a half -- 21.5% interest rate. they delivered what they called malaise. they delivered interest rates off the chart. they delivered take home pay that was shrinking. we have delivered optimism. 6 million people are going back to work. 300,000 jobs a month of being created. that is why there was a death
we are facing $120 billion trade deficit a center of this country. we're facing problems with the environment. i think what we will be doing over the next several weeks -- i am absolutely delighted the league is sponsoring the debates and we are able to now speak to the american public and address the issues and i was such as this. i think you will see a change. >> you have one minute to rebuttal. >> i was glad to get the vote of confidence from misses economic judgment. the other...
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Oct 8, 2012
10/12
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WETA
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tell me how much of a contribution, most people who look at the deficit including boults simpson said we have to have a significant reduction and a new way of looking at those things which have been part of the assumption of people. >> that's right. it turns out that social security is not a big problem. >> change the age. >> change its age a little bit, change the contribution a little bit. we can put that on. so that is something i think we can solve fairly easily and should not be at the core of the debate. the health-care programs are a significant concern. in fact, one of the interesting things is that if we had a health-care system that was as efficient as some of the european health-care systems, we would have no deficit. so that in fact it's the inefficiency of our health-care system that is a major cause of our deficits. so my mind our focus should be -- >> to make it more efficient. >> and the health-care reform passed by the congress did it do that. >> it was a move in the right direction. >> didn't go far enough. >> it didn't go far enough. and some of the things are going
tell me how much of a contribution, most people who look at the deficit including boults simpson said we have to have a significant reduction and a new way of looking at those things which have been part of the assumption of people. >> that's right. it turns out that social security is not a big problem. >> change the age. >> change its age a little bit, change the contribution a little bit. we can put that on. so that is something i think we can solve fairly easily and should...
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Oct 7, 2012
10/12
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FOXNEWSW
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we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar exe two men on that. welcome back to the university of denver. behind me in the hall, on the debate floor, the people are milling about. now the action is over with bret in spin alley. but first, we want to go to chris wallace, who is in wash wawash with his own take on how the night went. chris? >> reporter: hey. you know, i have been thinking and trying to put it in historical context, what tonight reminded me of more than any other debate, the first kerry/bush debate, where john kerry took the battle to george bush. and bush, the president, seemed very uneasy, didn't seem comfortable and like he wanted to be challenged. that's wha >>> look. i got five boys. i'm used to people saying something that is not always true but keep repeati
we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar exe two men on that. welcome back to the university of denver. behind me in the hall, on the debate floor, the people are milling about. now the action is over with bret in spin alley. but first, we want to go...
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will miss its deficit targets this year not all for ross leader of you can dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about astaire as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but national debt in the u.k. will have increased by forty percent so i think we're having an entirely false debate and david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt in our country and it's not true i think that the david cameron and george osborne combination. put together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy i don't think the thing is a dramatic failure unless things turn around that i think the conservative party is in for a really terrible result in twenty fifty
will miss its deficit targets this year not all for ross leader of you can dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about astaire as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but national debt in the u.k. will have increased by forty percent so i think we're having an entirely false...
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Oct 10, 2012
10/12
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MSNBC
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mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president talk about big bird and have the first lady do it instead. >> okay. hogan, let's jump ahead to tomorrow night. appreciate sewer truly on for vice president joe biden to deliver the debate in kentucky, same quote. team baerm needs a strong performance from biden to make up for last week and change the subject. another bad outing by a member of the ticket and democratic hand wringing could turn into full-fledged panic. is the shoe on the other foot now with president obama being the underdog, team romney, was panicking? certainly before l
mitt romney had that deficit. looks like mitt romney has done himself some good in that debate to close that gap. i think you will see the first ladies out there and it is better for the first lady to talk about the "sesame street" line and big bird than the president. you saw that ad out yesterday that many people called absurd. you saw raerp romney have that editorial today and basically saying big bird versus a small president. i think they will step back from having a president...
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Oct 7, 2012
10/12
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to make a deficit neutral. if you actually run the numbers, which we have, if you take away every single tax break high- income people get, they still are better off with a rate reduction of 20%. the rate reduction is worth more to them that all of the deductions they get. if he sticks with the 20% rate reduction, high income people will see their taxes go down. if he will make his plan deficit neutral, he will have to raise taxes somewhere else. host: let's look at details of mitt romney's plan. he is calling for a permanent across-the-board 20% cut in marginal rates. it also maintains current tax rates on interest, dividends, and capital gains. eliminating taxes on adjusted gross income below $200,000. he would eliminate the estate tax and repeal the amt. jump into some of the other mentions for guest: us repealing the alternative minimum tax is something economists would like. it is a parallel tax system. in principle every american has to compute their taxes two ways. they have to pay whichever amount is hi
to make a deficit neutral. if you actually run the numbers, which we have, if you take away every single tax break high- income people get, they still are better off with a rate reduction of 20%. the rate reduction is worth more to them that all of the deductions they get. if he sticks with the 20% rate reduction, high income people will see their taxes go down. if he will make his plan deficit neutral, he will have to raise taxes somewhere else. host: let's look at details of mitt romney's...
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Oct 11, 2012
10/12
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CSPAN2
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the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of leadership, as a result of saying the most predictable economic crisis in our countries history and not fixing it, our credit rating was downgraded for the first time in our history. >> we laid out a $4 trillion debt reduction plan over the next 10 years. 4 trillion. we have already passed 1 trillion of it. ladies and gentlemen, these guys vote against everything. not only do they say they don't like a plan, i get that. you don't like our plan. what's your plan? >> tonight congressman paul ryan and vice president joe biden will face off in the only debate
the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of...
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is actually the deficit even going up so they're now doing what they estimated they wanted the budget to be so. and we also have the fed cheerleading that just you know think about that for a second would the fed really be pressing congress this way if the economy was was a lot stronger so no there's economic weakness everywhere it shows up in the participation rate it shows up in the fed sure lading as easily joseph in bed panic which i think we talked about the i.m.f. is way off the mark here they're going to be lowering these gas prices i love that the headline is that the i.m.f. downgrades forgot to say these are still far too rosy we just haven't met but one nation that the i.m.f. upgraded with the u.s. and as you said you think the u.s. is in recession we've talked about that before others i talk to you think a u.s. recession is bacon a cake so what gives with i.m.f. . related to every burger you order a little bit every part of you so there you go late to every party but miss you are very much here for the party i really appreciate you being on the show and expounding upon all
is actually the deficit even going up so they're now doing what they estimated they wanted the budget to be so. and we also have the fed cheerleading that just you know think about that for a second would the fed really be pressing congress this way if the economy was was a lot stronger so no there's economic weakness everywhere it shows up in the participation rate it shows up in the fed sure lading as easily joseph in bed panic which i think we talked about the i.m.f. is way off the mark here...
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is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got your six which is still about fourteen percent these are all the wage jobs but this isn't because of barack obama i mean this is going to be there and don't forget also you know you think that this just suddenly happen from poor years that we're in this collapsing economy that there's no jobs through there is on this panel right now it's disingenuous to say that these job numbers are so disasters of the over that the president cooked the books on these the job numbers are fairly clear but the thing is is that if you look at obama's mindset between two thousand and eight obama and two thousand and
is protected it confirms that we've had trillion dollar deficits the last four years should we trust the cvo numbers now it's like they conveniently pick and choose there doesn't need to the job truth is they don't exist i agree with s.e. i mean politico optically this looks good politically for the president's below eight percent it kind of takes it disarms a republican to say forty four straight months of unemployment above eight percent but really the numbers still suck i mean you've got...
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Oct 7, 2012
10/12
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KRON
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national deficit. >> the son of the trouble was campaigning on friday. joining volunteers at the republican had p headquarte in ohio. with the new license headquarters. and also sharing energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all the presidential speeches. uninterrupted. and on digital 4.2. this radical moslem terror charges are in new-york. these men were extradited from england. he is facing charges of consume conspiracy. d in oregon. christine has more. >> radical extremists and four other men are right in the u.s. early saturday from london. they are facing terror charges went london saying that they could be extradited and immediately. some of these men are being held at the manhattan correctional facility before their fourth court appearance. egypt was one of the highest profile radicals spea
national deficit. >> the son of the trouble was campaigning on friday. joining volunteers at the republican had p headquarte in ohio. with the new license headquarters. and also sharing energy tips and sharing information about his father. the next presidential debate is on october 15th new york and next week, joe biden and paul brien will take the stage. and kron 4 will have that life. go to our new channel. comcast 193 for the latest news, weather and traffic updates and to watch all...
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governor romney says he will not increase the deficit with his tax cuts. he's saying he will not increase taxes on the middle class, so is he saying that if he cannot come up with enough loopholes and deductions, closing the deductions to pay for the tax cuts, which amount to about $5 trillion, that he will scale them back? >> what he has said, george, he is going to cut tax rates across the board by 20% and offset those cuts with eliminating deductions and loopholes for the upper income families. >> but there aren't enough deductions to pay for that. >> for middle class families. you can pay for it. there are six studies that say that you can do that. you can broaden the base and lower the rates. that would foster economic growth, and we've done that in the past. there's one study that says that you can -- that uses the word "assume" or "assumption" 68 times by a liberal think tank and that's what gibbs and others point to. >> if it does turn out that the deductions do not make up for the cost of the tax cuts, does governor romney say that he will scale b
governor romney says he will not increase the deficit with his tax cuts. he's saying he will not increase taxes on the middle class, so is he saying that if he cannot come up with enough loopholes and deductions, closing the deductions to pay for the tax cuts, which amount to about $5 trillion, that he will scale them back? >> what he has said, george, he is going to cut tax rates across the board by 20% and offset those cuts with eliminating deductions and loopholes for the upper income...
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Oct 6, 2012
10/12
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CSPAN
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you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden will face off in their only debate. martha margaret. you can watch and engage with our live in debate preview starting seven got p.m. eastern filed by the debate at 9:00. your reaction at and 30 p.m. -- at 10:30 p.m. >> c-span's debate website provides life and on demand coverage of all the presidential and vice- presidential debate. is on a place for you will see live coverage before and after the debate. it has each debate question as a separate. what your critics clips as well and read streaming tweets from political reporters. go to c-span.org
you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul ryan and joe biden...
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Oct 11, 2012
10/12
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CSPAN2
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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Oct 9, 2012
10/12
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CSPAN
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who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our investments on education, clean energy, research, technology. that is not a plan to grow the economy. that is not change. we have been there. we have tried that. we are not going back. we are moving forward. that is why i am running for a second term as president of the united states. [applause] look -- we have got a different view about how you bring jobs and prosperity to america. the strong economy does not trickle down from the top. it grows from a thriving middle- class, and folks working hard to get into the middle-class. i think it is time our tax code stopped rewarding
who knew that he was driving our deficit? we are going after that. he has decided we are going after big bird. elmo is making a run for the border. the governor romney once wall street who run wild, but he is going -- if governor romney wants wall street to run wild, but he is going to bring down the hammer on "sesame street." we cannot afford another round of tax cuts for the wealthy. we cannot afford to roll back regulations on banks and insurance companies. we cannot got our...
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Oct 13, 2012
10/12
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CNN
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deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible. >> it's been done before. >> it's never been done before. >> a couple of times. >> never been done before. >> ronald reagan. >> now you're jack kennedy. >> ronald reagan. >> twitter was atwitter about that. that comment got a noticeable reaction from the group of undecided voters i watched during the debate last night. see it blown up there in the bottom of the screen. here is the problem, both kennedy and reagan working in a different time and place. to start, when both kennedy and reagan took office, individual tax rates not even in the ballpark of
deficit totals $1.4 trillion. it exceeded the $4 trillion mark. >>> jack kennedy and paul ryan, perfect together? some things about them that are similar. both young, energetic, vibrant. paul ryan things they have something in common, joe biden not so sure. the republican candidate invoked a camelot era comparison. this time, the issue taxes. >> you can cut tax rates by 20% and preserve important preferences for middle class taxpayers. >> not mathematically possible....
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Oct 10, 2012
10/12
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who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut our investments in education or clean energy or research or technology. that's not a jobs plan. does not plan to grow the economy. that is not change. that is a relapse. we have been there and we have tried that. we are not going back, we are moving for. that's why i'm running for a second term as president of the united states. -- we are moving forward. [cheers and applause] we've got a different view about how to create jobs and prosperity in america. a strong economy does not trickled down from the top. it grows from a thriving
who knew he was driving our deficit? elmo is making a run for the border and oscar is hiding in a trash can. governor romney will let wall street run rampant but he will bring down the hammer on sesame street. that is not leadership. that is salesmanship. we cannot afford it,. we cannot afford to double down on top down economics. we cannot afford another round of tax cuts for the well. we cannot afford to roll back regulations on wall street banks or insurance company. we cannot afford to cut...
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Oct 13, 2012
10/12
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CNN
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we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone would like to know the answers to these questions, but you have professional groups disagreeing about the economic impact of these things. so we don't really know. >> we have more clarity on the spending side where romney has said he wants to limit federal spending which would mean significant reductions in what the federal government does on a whole variety of fronts. even romney has said $500 billion a year in cuts by 2016. so that is a major difference that's out there. >> that's easier said than done as we know from covering congress for many years. >> and big bird is obvio
we have a trillion deficit. why are we reducing tax rates at all. let's use it to our deficit reduction rather than lowering rates at the top. >> you know this as i did. when biden kept talking about raising taxes for people making a million or more as opposed to $250,000. >> that's a chuck schumer idea as well coming from new york. >> but all this should tell us is that before people go to the voting boothss, they're not going to know the answers to these questions. everyone...
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Oct 12, 2012
10/12
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we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we cannot estimate speeches. that is what we get, speeches. we are not getting leadership. mitt romney is qualified to fix the problems. his lifetime of experience is, what do we have for a president? he broke his promise to bring people together to solve the biggest problems. i would tell him we do not have to settle for this. >> i hope i will get equal time. >> you will get a few seconds, really. >> the two budgets the congressman has introduced have even serrated all of the things the middle-class has cared about. it will kick 200,000 children off
we have had four deficits. a debt crisis is coming. we cannot keep spending and borrowing like this. we cannot keep spending money we do not have. leaders fix problems. president obama has not put a credible plan on the table in any of his four years. i passed two budgets to deal with this. mitt romney has put suggestions out. we ask for a plan, they sent a press secretary. they give us a copy of the speech appeared be asked with the plan was to prevent a debt crisis. they said, a speech. we...
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deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think mitt romney has to do more of that. has he been specific with his plan? he laid five out in the debate, which is more than the president did. that's why independents thought mitt romney did very, very well. >> let me ask you about one of the issues where they differ, medicare. that is a big deal in florida romney says he supports vouchers for medicare, a plan that is not very popular. how does play in florida with all those seniors? >> right now in florida, you've got about 12 million registered voters. 36
deficits. they both have a little problem with details. but there is a big, i would strike a big contrast if i was mitt romney. i would put a working state on one side and a welfare state on the other side and i would say america would be much, much better if dollars were earned instead of dollars awarded. it is time to stop rewarding our friends and punishing our enemies and having the government treat every american the same, which is a foundational principal of the rule of law. and i think...
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Oct 12, 2012
10/12
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no incrementar el dÉficit. no afectar los impuestos de la clase media y dirÁ que este programa de 5 millones de millones hay 6 estudios que desacreditan y vice director de la campaÑa reconociÓ que no es correcta la cifra. >>> usted se rehusa a ofrecer especificidad de como pagarÍa de ese 20% este recorte tributario. ¿tiene usted puntos especÍficos en como hacerlo o siguen trabajando en eso y no quieren decir a los votantes? . >>> nosotros queremos tener un acuerdo by pat darÍo. >>> tiene puntos especÍficos sobre lo que estÁn haciendo trabajaron juntos. vamos a disminuir el 20% de los impuestos. y ahÍ saldrÁn 2,1 mil millones y perderÍamos por deducciones y resquicios. y les negÓ raims esos rec quisos a las personas mÁs pudientes y habrÍa una... >>> podrÍa yo reducir. reducir la tasa para todos. lo que decimos es un marc. >>> tendrÁ el tiempo. >>> queremos trabajar con el congreso para ver la mejor manera de lograr esto. >>> nada especÍfico de nuevo no. >>> lo que decimos dis neuro el 20% de la
no incrementar el dÉficit. no afectar los impuestos de la clase media y dirÁ que este programa de 5 millones de millones hay 6 estudios que desacreditan y vice director de la campaÑa reconociÓ que no es correcta la cifra. >>> usted se rehusa a ofrecer especificidad de como pagarÍa de ese 20% este recorte tributario. ¿tiene usted puntos especÍficos en como hacerlo o siguen trabajando en eso y no quieren decir a los votantes? . >>> nosotros queremos tener un acuerdo by...
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Oct 10, 2012
10/12
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MSNBC
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. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because you see i'm focused on helping the american people get good jobs. >> reporter: sesame's street now asked the obama campaign to pull the big bird ad, yet there are weightier questions here as congress looks in to whether the u.s. was warned of the deadly libya attack. >> twice in the six month lead up, you had bombings at our compound there in benghazi and it's 9/11 in libya. what other warnings do you need? >> reporter: warnings of trouble now for president obama, romney's closing the gap. the latest polls, reuters has them tied. gallup has romney up by two. pew has him up by four. and we were talking about the polls in the balgtd ground sta
. >> if it's true that it's not going to add to the deficit, that leaves only one option and that's asking middle class families to foot bill. >> reporter: the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong. >> reporter: romney also in ohio mocked the obama campaign's mocking his plan to cut funds for pbs. >> big bird. >> big bird. >> big bird. >> he's focused on saving big bird. kind of a strange thing in my view because...
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Oct 11, 2012
10/12
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CNBC
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eye 259
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if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now? >> that's an important question, because as much as so many people, and i'm one of them, admire simpson-bowles and admire particularly i think the heroic contributions, and they really are, that alan simpson and erskine bowles made to get us close to a the resolution, it is a sweeping tax reform, and historically, tax reform has taken in the modern era years to do. the '86 tax act, the last time we had major tax reform in this country took four years to do, first introduced in '82 and so the idea that in the lame duck session we'll have big tax reform for the first two months of 2013 -- >> bowles and simpson would say get
if you let the bush tax cuts expire as a whole, 80% of our deficit problems are taken care of with that, and it's an actual number, it's not 40 billion a year. it's an actual number. >> then you're raising taxes on the middle class. >> right, you're broadening the base. you're not going to be able to do that without -- >> but obama and romney pledged they don't want to raise taxes on the middle class. >> is it a realistic idea two years from now, three years from now?...
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Oct 6, 2012
10/12
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FOXNEWS
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and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going there anyway. >> all right, i tell what you, guys, we may, to adam's point have it for a couple of days, but tell you charlie the only reason we will have it for a couple of days the markets would react if this things started. >> i agree. why would the markets react if you're going to do something-- >> got you there. >> and the same way it reacted last year when we talked about double dip recession. >> that was a default. >> and cut spending, charlie, the economy-- >> and everyone made great points, by the way, neil is not waiting around for lawmakers for this f
and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what--...
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251
Oct 9, 2012
10/12
by
CNNW
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eye 251
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you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll back regulations on wall street banks or on insurance companies. we can't afford to gut our investments in education or clean energy or research or technology. that is not a jobs plan. that is not a plan to grow the economy. that is not change. that is a relapse. we have been there. we have tried that. we are not going back. we are moving forward. and that's why i'm running for a second term as president of the united states. >> all right. so there's the president of the united states. you get the point. he's really going after the republican
you know, who knew he was driving our deficit? so we're going after -- he's decided we're going after big bird and elmo's making a run for the border and oscar's hiding out in the trash can and governor romney wants wall street to run wild again but bring down the hammer on sesame street. look, that is not leadership. that's salesmanship. we can't afford it. we can't afford to double down on top down economics. we can't afford another round of tax cuts for the wealthy. we can't afford to roll...